Derivatives

Overview

Develop a comprehensive, practical understanding of derivative instruments including market conventions, contract specifications, valuation, trading strategies and the regulation of derivatives markets. Learn more at this  Derivatives  Professional  Certificate in collaboration with New York Institute of Finance - NYIFx.

Job Outlook

• Employment of securities, commodities, and financial services sales agents is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations.
• The base salary for Derivatives Analyst ranges from $47,479 to $82,604 with the average base salary of $62,592. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,237 to $92,922.

• Career prospects for people with similar training Derivatives Analyst, Bond Sales Manager, Equities Trade Support, Analyst.

What you will learn

• Learn to price forward and futures contracts.
• Be familiar with futures contract specifications and market conventions.
• Understand the valuation of a variety of swap contracts.
• Learn how to extract credit risk measures from CDS spreads and asset swap spreads.
• Understand common trading strategies using futures, forwards, swaps and options.
• Develop a conceptual understanding of the Black-Scholes-Merton option valuation model.
• Use option sensitivities (the Greeks) to determine the impact of changing model parameters on option prices.
• Understand basic hedge accounting using futures, forwards, swaps and options.